What is a Sourced Approved Investment?
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
- Backed by Sourced's expertise and network
Key financials
Profit pa£3,713
ROCE28%
Yield8%
Purchase £ £26,200
Property description
Strategy: Buy to Let
Deal 86 - BRRR : Peterlee - Tenanted
This is a tenanted 2-bedroom terraced property.
Our all-inclusive service:
- Property sourcing: We identify and secure profitable investment opportunities.
- Finance: We assist with securing competitive financing options.
- Refurbishment: Our in-house team handles all renovation and refurbishment work.
- Tenant placement: We find reliable tenants and manage the tenancy process.
- Property management: We provide comprehensive property management services, including rent collection and maintenance.
Key investment highlights:
▪ Purchase price: £64,000
▪ GDV: £85,000
▪ Refurb costs: £3,000
▪ Annual profit: £3,713
▪ Strong ROCE: 28%
▪ Gross yield: 8%
▪ Estimated monthly profit: £309.38
Sourced reference: 793698416166265
Due diligence
Economic Landscape
Manufacturing and Engineering:
Peterlee has a strong heritage in manufacturing and engineering. The North West Industrial Estate and South West Industrial Estate are home to a range of manufacturers, including automotive components, plastics, and precision engineering firms.
Business Parks and Investment:
Modern business parks such as Bracken Hill Business Park and Gemini Business Park attract a mix of SMEs and larger employers. Ongoing investment in infrastructure is designed to support growth sectors including advanced manufacturing and logistics.
Renewable Energy and Sustainability:
The town and surrounding areas benefit from regional initiatives to drive renewable energy adoption, particularly wind energy and solar installations on commercial properties.
Location
Disclaimer
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Key financials
Profit pa£3,713
ROCE28%
Yield8%
Purchase £ £26,200
Sales Agent
Keeshan Pillay
KLAP Property Group Ltd
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What is a Sourced Approved Investment?
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
- Backed by Sourced's expertise and network